Using the concept of exponential growth and exponential decay. Solve the given problem. 1. A small locality has a population of 52,365 in 2012. If its population increases 3% every 2 years, a. Derive a function P that determines the population t years after 2012. b. What is the expected population in 2020?

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A: topic - exponential function

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.